entry is not required, select "No entry required" on the first line of the table and leave all other cells blank) Oct Journal Entry Oct C. List the transactions by date and give an explanation for each transaction. (Record debits first, then cred e of the More Info ued its c Oct 6 Favata invested $145,000 in the business, which in turn issued its common stock to her 9 The business paid cash for land costing $62,000. Favata plans to build an office building on the land. 12 The business purchased medical supplies for $1,800 on account. 15 Dr. Ansley Favata, P.C., officially opened for business. 15-31 During the rest of the month, Favata treated patients and earned service revenue of $9,000, receiving cash for half the revenue earned The business paid cash expenses: employee salaries, $2,400; office rent, $1,500; utilities, $1,200. 15-31 ta plans to b 31 The business sold medical supplies to another physician for cost of $200 and received cash The business borrowed $31.000, signing a note payable to the bank. 31 The business paid $1,000 on account 31 Print Done on Journal Entry Credit Debit Accounts and Explanations Date Oct Oct 15: Dr. Ansley Favata, P.C., officially opened for business. Journal Entry Accounts and Explanations Date Debit Credit Oct Oct 16-31 During the rest of the month, Favata treated patients and earned service revenue nt t Journal Entry Credit Debit Accounts and Explanations Date Oct Oct 15-31. The business paid cash expenses: employee salaries, $2.400: office rent. $1.500, utilities, $1,200. (Reco Journal Entry Accounts and Explanation Date Debit Credit Oct Oct 31 The business sold supplies to another physician for cost of $200 and re dliu leav all other cells blank.) Journal Entry Accounts and Explanations Credit Date Debit Oct Oct 31: The business borrowed $31,000, signing a note payable to the bank. Journal Entry Date Accounts and Explanations Debit Credit Oct Il Journal Entry Debit Accounts and Explanations Credit Date Oct Choose trom ary ist or enter any number in the input fields and then continue to the next question. esc F1 F4 FS